The role of product variety and quality and of domestic supply in foreign trade

Panayiotis Athanasoglou ()

No 128, Working Papers from Bank of Greece

Abstract: The study examines the behaviour of imports of goods in the Greek economy during the last five decades and their determinants, with an emphasis on consumer’s preferences for “variety and quality” of the imported goods as well as on the demand and supply conditions of these goods in the domestic market. The estimated equations provide strong evidence for the importance of these two factors for import demand, and also explain significantly the stylized facts as well as long- and short-term movements in trade.

Keywords: effective demand for imports; New Trade Theory; product variety and quality (search for similar items in EconPapers)
JEL-codes: C22 E21 F14 F41 (search for similar items in EconPapers)
Pages: 44
Date: 2011-04
New Economics Papers: this item is included in nep-int
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Working Paper: The role of product variety and quality and of domestic supply in foreign trade (2011)
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